XML 21 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Inventories
 3 Months Ended
Sep. 30, 2016
Inventory Disclosure [Abstract]  
Inventories
Inventories

Major components of inventories are summarized below. Of total net inventory values shown, 51 percent are under the last-in first-out (LIFO) method at September 30, 2016, and 54 percent at June 30, 2016.

(In thousands)
September 30, 2016
 
June 30,
2016
Raw materials
 
$
8,643

 
$
11,698

Work in process
 
14,517

 
10,107

Finished goods
 
1,732

 
1,834

 
 
24,892

 
23,639

Reserve for LIFO cost valuation
 
(2,961
)
 
(2,961
)
Inventories
 
$
21,931

 
$
20,678